FOR IMMEDIATE RELEASE
Increasing consumerism to drive Vending Machine Market in India, finds Netscribes
Netscribes (India) Pvt. Ltd. launches a report on the Vending Machine Market in India 2011 as part of
Netscribes’ Manufacturing Industry Series.
Mumbai, India – November 02, 2011 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions
company, announces the launch of its report Vending Machine Market in India 2011. Vending machine
market in India is still at a nascent stage and is expected to witness dynamic growth in the near future.
Vending of services, which is a fairly new concept, is also likely to increase its share in the business with
time. A large portion of the market is still untapped, leaving a huge scope for growth. Changing lifestyle
and increasing consumerism is expected to increase the demand for vending machines in India.
The report begins with an introduction to vending machines and its operational model. Vending machines
follows a simple mechanism including product selection, payment modes, article dispensing and vending
This section is followed by the market overview section which begins with an insight into the overall
vending machine market in India, growth in annual production and the potential market for vending
machines. Only a small fraction of the potential vending machine market in India has been tapped,
indicating a huge scope for growth of this market. Vending machine market in India is expected to grow
strongly in the near future. The business model for vending machines has also been covered. It further
delves into the various types of vending applications and includes details of hot beverages vending
machines, box vending machines, snacks and beverages vending machines, coin/ currency vending
machines and ticket vending machines. Additionally, sub-segments of vending machines have been
included as well as their installed location and future outlook
Exports and imports of this sector have been highlighted, which throws light on the various types of
vending products that are traded internationally. This section includes an overview of export-import of
such machines, the growth in their total value, the country-wise segmentation and the share of exports-
imports across various vending products.
An analysis of the drivers and challenges explains the factors leading to the growth of the market including
increasing consumerism, growth in organised retail, growing urbanization and corporate culture, improved
technology and new applications and changing lifestyle. Strong opportunity exists in the market as
increasing disposable income and higher consumption pattern drive the demand for such machines. This
coupled with the fact that organized retail space and urbanization in India is growing will lead to a
developing market. Additionally, corporate culture and changing lifestyle of people in India will help to
stimulate growth in this market. The key challenges identified are payment mechanism and maintenance,
availability of cheap labour and consumer perception. Poor payment gateways and lack of adequate
maintenance of vending machines deter the growth of this market. Varying perceptions of consumers
regarding the use of vending machines also acts as a major bottleneck.
The competition section provides an overview of the competitive landscape in the industry and includes a
detailed profile of the major players in the market. The report concludes with a section on strategic
recommendations which comprises of an analysis of the growth strategies of the vending machine market
For more details on the content of each report and ordering information please contact:
Tel: +91 33 4064 6214
Tel: +91 22 4098 7530
About Netscribes (India) Pvt. Ltd.
Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele
across the globe. The company’s expertise spans areas of investment & business research, business &
corporate intelligence, publishing services and customized knowledge database creation. At its core lies a
true value proposition that draws upon a vast knowledge base.
For more information please write to email@example.com
Netscribes (India) Private Limited, Podar Center, 85 Parel Post Office Lane, Off Dr. Ambedkar Road, Parel (East)
Mumbai 400 012, Maharashtra, India.